Conclusions: The Politics of Economic Transformation
Mexican government officials sometimes label as catastrofistas those doomsayers who see unacceptable futures fraught with violence or increasing misery for their country. A hard look at the future might indeed lead some to dabble in disaster scenarios. But this sort of attitude merely contributes to self-fulfilling prophecy. It is more useful to assess what has been shown about Mexican institutions and policies in the light of the government’s commitment to restructure the economy. Such a restructuring involves several dimensions and implies challenges for the socio-political order. Outdated industrial, commercial and argicultural arrangements must be altered to produce more efficiently. Important to achieve this is economic opening, which implies new policies to promote foreign investment and new lines of exports, especially in labour-intensive products.
KeywordsForeign Investment Succession Process Public Enterprise Economic Transformation Foreign Debt
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Notes and References
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